Description: H.Amdt. 495 — 115th Congress (2017-2018)All Information (Except Text)

As of 11/22/2019 the description for this amendment has not been received.

Purpose:

An amendment numbered 1 printed in Part A of House Report 115-443 to make several changes that provide additional protections for investors and small businesses. Specifically the amendment includes provisions that would prohibit passive buyers in the M&A transaction, prohibit M&A brokers from binding a party to a transfer of ownership, prohibit M&A brokers from providing financing for the transfer, and require M&A brokers that represent both the buyer and seller to disclose that to both parties and receive written consent.

House Amendment Code:

(A002)

House Tally Clerks use this code to manage amendment information.